Statement of-Continued Fetter, John B., rresident, George G. Fetter Co., Louisville, Ky... Glenn, Norman, president, Sponsor Publications, Inc., New York Graves, Jennie H., president, Vogue Dolls, Inc., Medford, Mass--- Gray, Elisha, president, Whirly ool Corp., St. Joseph, Mich... Gray-Lewis, C. L., treasurer, Lily-Tulip Cup Corp., New York, N. Y. Griffin, J. C., treasurer, International Register Co., Chicago, Ill.. Hickox, Alan, President, Low's_Rej roduction Service, Inc., Chicago, Ill., accompanied by Stanley Low, secretary-treasurer. Holbrook, John K., secretary and counsel, Allied Control Co., Inc., Hollander, Edward D., national director, Americans for Democratic Hughes, Rowland R., Assistant Director, accompanied by Paul L. Humphrey, Hon. George M., Secretary of the Treasury. Jalbert, Eugene, treasurer, Judson Dunaway Corp., Dover, N. H.. Jones, Mack C., president, M. C. Jones Electronics Co., Inc., Bristol, Page 617 283 580 566 209 158 39 Kiefer, E. W., chairman of the board, Port Huron Sulphite & Paper 120 Kimball, A. W., executive vice president, the National Small Busi- 425 Lear, Coates, vice president, Overseas National Airways, Washington, Kracklauer, A. C., president, Sparkler Manufacturing Co., Munde- Lanterman, J. B., representing Illinois State Chamber of Commerce. Laube, Herbert, president, Remington Corp., Auburn, N. Y. Lotz, R. F., comptroller, Virginia Smelting Co., Norfolk, Va.. Loudon, Robert C., comptroller, Symington-Gould Corp., Depew, 412 113 445 275 Logan, Garrett, member, board of directors, Franks Manufacturing 665 658 Mastin, R. Edward, president, La Favorite Rubber Manufacturing 655 Mathias, Edward W., comptroller and assistant treasurer, Durez 543 McCabe, Thomas B., president, Scott Paper Co., Chester, Pa. Miller, Galen, vice president and treasurer, Towmotor Corp., Cleve- Mitchell, Don G., chairman, board of directors, Sylvania Electric Products, Inc., New York, N. Y., accompanied by F. Cleveland Hedrick, tax counsel, and Alfred C. Boni, consulting economist.... Moore, William H., assistant to the president, Packard-Bell Co., Los Morris, Robert, representing Ferguson-Lander Box Co., Aurora, Ill. Mueller, Stan, secretary-treasurer, Pacific Coast Engineering Co., Mundy, E. H., treasurer, Sturgis Posture Chair Co., Sturgis, Mich____ 151 373 Munroe, L. S., Jr., secretary-treasurer, Budd Cigar Co., Quincy, Fla. Nelson, Alfred, president, Superior Electric Co., Bristol, Conn.. Nichols, R. B., president and general manager, Torrington Co., South Park, Lee I., Esq., chairman, tax section, American Bar Association__ Parkhurst, R. G., assistant treasurer, Santay Corp., Chicago, Ill... Peterson, Douglas, Jr., president, Superior Manufacturing Co., Peterson, Dr. William H., Short Hills, N. J.. Pinkney, James F., Esq., general counsel, American Trucking Asso- 397 417 Potter, Thomas J., representing Process Equipment Engineers, Inc., Powderly, William H., Jr., tax accountant, appearing for W. H. Steffler, secretary-treasurer, Robertshaw-Fulton Controls Co., Greensburg, Pa., accompanied by Samuel B. Sterrett- Putzell, Edwin J., Jr., secretary, Monsanto Chemical Co., St Louis, Richards, Roy, president, Southwire Co., Carrollton, Ga-- Roll, R. C., executive vice president, Betz Corp., Hammond, Ind.- Roswell, H. H., president, National Police Gazette Corp., New York 591 Ruttenberg, Stanley, director, education and research, Congress of 478 Sandt, Walter, staff member, Smaller Banks Tax Conference, Dallas, 615 Seghers, Paul D., on behalf of Federal Tax Forum, New York City. - 244 403 Simester, R. W., secretary-treasurer, Ohio Match Co.... Sprague, Phil T., president, Hays Corp., Michigan City, Ind.. Sprogell, Harry E., secretary, Perfect Foods, Inc., Lansdale, Pa.......... Steffens, F. C., vice president, National Rejectors, St. Louis, Mo.... Stevens, William E., representing Blowing Rock Chair Co., Lenoir, Sweet, Franklin T., vice president, The Di-Noc Co., Cleveland, Ohio__ Thompson, William A., president, Toolcraft Products, Inc., Dayton, Thomson, J. Cameron, chairman, Fiscal, Monetary, and Debt Man- Watson, C. G., president, Youngstown Welding & Engineering Co., Williams, John S., president, Williams & Marcus Co., Philadelphia, 340 731 377 Williams, W. A., president, Dearborn Glass Co., Chicago, Ill., ac- Wilson, Blakely, vice president, Plainville Electro Plating Co., Wortham, Richard W., Jr., executive vice president, the Southland Paper Mills, Inc., Lufkin, Tex., accompanied by K. W. Cooke, Yoder, Roger A., secretary-treasurer, Detroit Steel Corp.. Yontz, Merle R., president, Le Tourneau-Westinghouse Co., Peoria, Young, J. L., president, Young & Greenawalt Co., East Chicago, Ind.. 236 Additional information submitted for the record by- Page Ajax Flexible Coupling Co., Inc., letter from Wayne Belden, executive 201 Alvord, Ellsworth C.: Facing a Few Fiscal Facts, summary of address before California 536 535 Recommendations of Fiscal Commission of the United Nations__ 533 531 American Bar Association, recommendation of. 325 American Drug Manufacturers Association, statement of tax com- 755 American Retail Federation, statement of Rowland Jones, Jr., presi- 737 Ampex Electric Corp., statement of George I. Long, vice president 202 Anderson Brass Works, Inc., telegram from R. E. Schuler, president.. Condensed comparative balance sheet, table. 598 734 493 493 Cabin Crafts, Inc., letter from G. L. Westcott, treasurer, transmitting Chain-Link Fence Corp., letter from Max G. J. Hoffman, treasurer Chemical & Industrial Corp., letter from Augus M. Taylor, Jr., Assist- City National Bank of Winston-Salem, letter from J. R. Fain, president_ Cole, Dana F.. suggested revisions in Internal Revenue Code Committee for Economic Development, research and policy com- Congress of Industrial Organizations: Corporation income-tax returns with excess-profits-tax liability (under $100,000 and over $10,000,000), tables__. Should the Excess-Profits Tax Be Reenacted? article by Stanley Controllers Institute of America, letter from C. Z. Meyer, chairman Diamond Match Co., statement of Stillman Kuhns... 479 746 448 Additional information submitted for the record by-Continued Heresite & Chemical Co., letter from D. J. MacGillis, assistant mann. Page 713 Hirsch, Dr. Julius, statement of, with assistance of D. N. Weiher- 758 Hyster Co., statement of Ernest G. Swigert, president- 741 736 743 Laurens Glass Works, Inc., letter from E. D. Easterby, president___ Lewis Welding & Engineering Corp., letter from J. T. Lewis, Jr., Marlin-Rockwell Corp., weekly renegotiation outlook, May 29, 1953-- 642 McGraw Electric Co., example of inequity in computing excess- 715 582 Letter from Walter Chamblin, Jr., vice president, Government relations division, National Association of Manufacturers_____ What Every Investor Ought To Know About the Excess-Profits Calculated effect of 38-percent corporate income tax, 1951-53, Effect of Federal income tax on capital structure, table... 587 Missouri State Chamber of Commerce, statement of---- Monsanto Chemical Co., proposed amendment providing excess- profits tax carry back relief for years immediately following ter- National Tool & Die Manufacturers Association, statement of 757 Peterson, Dr. William H., corporate returns, net income, and tax liability, amount and percentage distribution, by net-income classes, Radio-Television Manufacturers Association, letter from A. D. Raytheon Manufacturing Co., telegram from Charles F. Adams, Jr., 690 Additional information submitted for the record by-Continued Reynolds Metals Co., statement of C. E. Coghill, treasurer. Reynolds, R. J., Tobacco Co., letter from E. A. Darr, president. Roanoke Woodworking Corp., letter from D. E. Dye, Jr., transmitting Robertshaw-Fulton Controls Co., summary of effect of taxes on profits, Rockford (Ill.) Chamber of Commerce, letter from C. G. Wood, chair- man, taxation committee, transmitting statement____ Rumrill, Charles L., & Co., Inc., letter from 709 Sams, Howard W., & Co., Inc., letter from Howard W. Sams, presi- 714 St. Louis Small Business Council, letter from Paul Ludemberg, chair- 738 Teleregister Corp., earning experience over the period of its entire corporate life, January 29, 1929, to date-net income, table_ Thermo-O-Disk, Inc., ratio taxes to current assets, table......- Budget Battleline, article from New York Times, June 10, 1953- Letter from M. B. Folsom, Under Secretary, to Hon. Thomas B. Statement by Under Secretary Folsom before subcommittee of Welex Jet Services, Inc., letters and statement from Ray O. Shaffer, Williams & Marcus Co., 14-year financial history, table Young & Rubicam, Inc., comparative personnel of, with other tele- 301 |